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SHFE #1 Lead Price Movement on Sept. 2, 2011
Sep 2,2011 13:56CST
smm insight
Source:SMM
SHFE lead prices opened low and moved lower today, dragging down domestic spot prices.

SHANGHAI, Sept. 2 (SMM)--SHFE lead prices opened low and moved lower today, dragging down domestic spot prices. Traded prices of well-known brands such as Nanfang, Chihong Zn & Ge and Chengyuan were between RMB 16,300-16,350/mt, with discounts of negative RMB 380-400/mt against SHFE 1110 lead contract prices. Traded prices for other brands such as Shuangyan were about RMB 16,280/mt. A wait-and-see sentiment prevailed in the market ahead of the weekend, leaving transactions quiet.
 

SHFE lead prices

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